Obviously, since Cemtrex CEO Saagar Govil paid Ong. Sripetch $150,000 to pump the company, he would like to get the stock price as high as possible; however, the people who believe the direct offering to institutional investors means CETX has to soar to $3, $5, or higher need to do some math. Anyone who buys the 3M+ shares for $1.80/share would make over $30,000 profit if they could only sell for $1.81/share. With a pump driving the volume up, they could probably dump the shares in a day. And we already know the notorious reputations of some of the institutional investors who invested in Cemtrex in the past. We already know that Cemtrex settled the class action lawsuits charging it with stock manipulation rather than take the matter to the courts even though Govil had declared the company would "vigorously defend" itself. It isn't by any means a stretch of the imagination to think that the Govils or crooks with whom they have been known to associate could be the people to whom the institutions will funnel the shares. Of course, Saagar wants to make as much money as he can; after all, his business is selling shares of CETX to dupes, but he doesn't have to make a huge profit per share to make a nice profit overall. Unfortunately, the folks who buy during a pump and hold waiting for the "inevitable" to-the-moon price rise don't understand this.
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